For High Tech Companies, “Going Public Sucks”

Pt 819

“For High Tech Companies, Going Public Sucks”

There’s another option: Skip the VC cash. That may sound like suicide, but a recent study showed that most fast-growing US companies take no venture funding at all.

Weekend reading…

Adafruit publishes a wide range of writing and video content, including interviews and reporting on the maker market and the wider technology world. Our standards page is intended as a guide to best practices that Adafruit uses, as well as an outline of the ethical standards Adafruit aspires to. While Adafruit is not an independent journalistic institution, Adafruit strives to be a fair, informative, and positive voice within the community – check it out here:

Join Adafruit on Mastodon

Adafruit is on Mastodon, join in!

Stop breadboarding and soldering – start making immediately! Adafruit’s Circuit Playground is jam-packed with LEDs, sensors, buttons, alligator clip pads and more. Build projects with Circuit Playground in a few minutes with the drag-and-drop MakeCode programming site, learn computer science using the CS Discoveries class on, jump into CircuitPython to learn Python and hardware together, TinyGO, or even use the Arduino IDE. Circuit Playground Express is the newest and best Circuit Playground board, with support for CircuitPython, MakeCode, and Arduino. It has a powerful processor, 10 NeoPixels, mini speaker, InfraRed receive and transmit, two buttons, a switch, 14 alligator clip pads, and lots of sensors: capacitive touch, IR proximity, temperature, light, motion and sound. A whole wide world of electronics and coding is waiting for you, and it fits in the palm of your hand.

Have an amazing project to share? The Electronics Show and Tell is every Wednesday at 7pm ET! To join, head over to YouTube and check out the show’s live chat – we’ll post the link there.

Join us every Wednesday night at 8pm ET for Ask an Engineer!

Join over 36,000+ makers on Adafruit’s Discord channels and be part of the community!

CircuitPython – The easiest way to program microcontrollers –

Maker Business — “Packaging” chips in the US

Wearables — Enclosures help fight body humidity in costumes

Electronics — Transformers: More than meets the eye!

Python for Microcontrollers — Python on Microcontrollers Newsletter: Silicon Labs introduces CircuitPython support, and more! #CircuitPython #Python #micropython @ThePSF @Raspberry_Pi

Adafruit IoT Monthly — Guardian Robot, Weather-wise Umbrella Stand, and more!

Microsoft MakeCode — MakeCode Thank You!

EYE on NPI — Maxim’s Himalaya uSLIC Step-Down Power Module #EyeOnNPI @maximintegrated @digikey

New Products – Adafruit Industries – Makers, hackers, artists, designers and engineers! — #NewProds 7/19/23 Feat. Adafruit Matrix Portal S3 CircuitPython Powered Internet Display!

Get the only spam-free daily newsletter about wearables, running a "maker business", electronic tips and more! Subscribe at !


  1. IPOs are kind of getting ridiculous. It’s not like it’s about raising capital for expansion any more, more about getting a fat wad of crazy go nuts money. Then later, the shareholders get mad because they’ve lost what discipline made them attractive to invest in I the first place.

    I’m not really a huge fan of this recent model of figuring out one thing that works, going for an IPO and getting more money than you can possibly invest in making that one thing, then trying to develop a hundred more things after that. That gag sort of worked for Microsoft for a while, but then petered out. Long term I don’t think it’s going to pan out since its very hard for someone working inside a big established corporation to sell something new. Sure I’m sure that Google Labs and the Facebook Labs yet-to-come will create a lot of new things with all of their money but very little of it is going to get mobilized and delivered to end users.

    Wall Street isn’t in a healthy place right now and I don’t know that this mess is helping either innovators or investors. I’m starting to think that maybe it would be better for investors to pursue investments in local businesses with credible business plans rather than chasing after the next big thing.

  2. So, …. Are you selling Adafruit stock on the private markets?

    Venture funding and IPOs both get you a lot of cash in return for selling your soul, more or less. I guess the values involved today make things pretty significantly different than my experience at cisco (~$2M VC, $392M IPO), not that they were great then (bet you can’t name cisco’s first two CEOs 🙂
    Usually, that sort of cash is needed to support the growth that such companies are expected to produce. cisco was literally in a position where they couldn’t buy enough parts to meet the demand for finished products.
    OTOH, I’ve watched some would-be cisco suppliers remain about the same size, going from companies that thought cisco was too risky to deal with to companies that cisco considers too small to deal with. Pretty much doing the same thing over the whole time, keeping up-to-date with the technology. Not so lucrative, but it seems like it was probably pretty fun…

Sorry, the comment form is closed at this time.